Program focuses on the development of low-power, direct-view flexible
OLED displays for use in airplane cockpits
EWING, N.J.--(BUSINESS WIRE)--Universal Display Corporation (NASDAQ:PANL), an innovator behind today’s
and tomorrow’s displays and lighting through its UniversalPHOLED™
phosphorescent OLED technology, today announced that the company has
been awarded a $750,000 Small Business Innovation Research (SBIR) Phase
II contract from the United States Air Force Research Laboratory. Work
under the program, titled “Low-Power, Direct-View Flexible Displays,”
will focus on the development of a non-glass, ejection-safe, flexible
OLED display prototype for prospective use by pilots in tactical cockpit
settings.
“The U.S. Air Force and Department of Defense recognize that technology
innovation can provide our servicemen and women with the best tools to
succeed”
Tweet this
Developed in collaboration with L-3 Communications Display Systems and
LG Display, the flexible phosphorescent OLED display prototype will be
energy efficient, offer full-color video rate and have wireless
communications capabilities. In addition, it will have the capability to
be wrapped around a cylinder for easy storage during flight. The design
goal is to provide Air Force pilots with a replacement for printed maps
and checklists typically held on their knees in tactical cockpits.
“The U.S. Air Force and Department of Defense recognize that technology
innovation can provide our servicemen and women with the best tools to
succeed,” said Steven V. Abramson, President and Chief Executive Officer
of Universal Display. “Combining our flexible, phosphorescent OLED
technology with L-3’s military display systems integration expertise and
LG Display’s backplane technology, we intend to demonstrate a product
concept that helps keep pilots informed and updated, without encumbering
them during flight. This development underscores the strong potential
for our OLED technology to create new product concepts for the military
and also for consumers.”
The Phase II contract follows Universal Display’s successful completion
of a Phase I program that demonstrated the initial technical feasibility
of a flexible, rollable display for this Air Force application. Under
terms of the Phase II program, the team will deliver four breadboard
subsystems based on a bright 6” diagonal, full-color, low power
consumption PHOLED display on flexible metal foil. These displays will
then be wrapped around cylinders containing power supplies and wireless
communications electronics. The result will be a storable, full motion
video and wirelessly enabled display device for evaluation in a tactical
cockpit setting.
To see how Universal Display Corporation is changing the face of the
display and lighting industries, please visit the company at http://www.universaldisplay.com.
About Universal Display Corporation
Universal Display Corporation is a world leader in developing and
commercializing innovative OLED technologies and materials for use in
flat panel displays, solid-state lighting products, electronic
communications and other opto-electronic devices. Universal Display is
working with a network of world-class organizations, including Princeton
University, the University of Southern California, the University of
Michigan, and PPG Industries, Inc. Universal Display has also
established numerous commercial relationships with companies such as Chi
Mei EL Corporation, DuPont Displays, Inc., Konica Minolta Technology
Center, Inc., LG Display Co., Ltd., Samsung SMD Co., Ltd., Seiko Epson
Corporation, Sony Corporation, Tohoku Pioneer Corporation and Toyota
Industries Corporation. Universal Display currently owns or has
exclusive or sole license rights with respect to more than 960 issued
and pending patents worldwide.
Universal Display is located in the Princeton Crossroads Corporate
Center in Ewing, New Jersey. The Company’s state-of-the-art facility is
designed to further technology and materials development, technology
transfer to manufacturing partners and work with customers to develop
OLED products that meet their needs. Visit Universal Display on the Web
at www.universaldisplay.com.
All statements in this document that are not historical, such as
those relating to Universal Display Corporation’s technologies and
potential applications of those technologies, are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. You are cautioned not to place undue reliance on any
forward-looking statements in this document, as they reflect Universal
Display Corporation’s current views with respect to future events and
are subject to risks and uncertainties that could cause actual results
to differ materially from those contemplated. These risks and
uncertainties are discussed in greater detail in Universal Display
Corporation’s periodic reports on Form 10-K and Form 10-Q filed with the
Securities and Exchange Commission, including, in particular, the
section entitled “Risk Factors” in Universal Display Corporation’s
annual report on Form 10-K for the year ended December 31, 2008.
Universal Display Corporation disclaims any obligation to update any
forward-looking statement contained in this document.
Contacts
Universal Display Corporation
Dean Ledger
800-599-4426
or
Gregory
FCA Communications
Investor contact: Paul Johnson
paul@gregoryfca.com
610-228-2113
or
Media
contact: Matt McLoughlin
matt@gregoryfca.com
610-228-2123